Illinois Compiled Statutes 805 ILCS 105/108.85 – Act not exclusive
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Terms Used In Illinois Compiled Statutes 805 ILCS 105/108.85
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
This Act is not an exclusive statement of the duties and responsibilities of directors and officers. Directors and officers are subject to common law and other statutory duties and responsibilities.